You May Also Like

New Balance Ali Finney

This is the one thing you need to spice up your summer-outfit formula

Well+Good - Go behind the scenes of Well+Good’s adult summer camp—and check out the wellness essential that powered the weekend

Go behind the scenes of Well+Good’s adult summer camp—and check out the wellness essential that powered the weekend

Aretha Franklin's musical healing

So many musical icons have died recently—but Aretha’s the one I can’t stop crying about

Makeup stores near me: Go here while traveling

Didn’t pack your makeup bag? These are the best beauty stores around the world, according to Reddit

Pulling leggings on after lotion sucked until I started using this surfer trick

Pulling leggings on after lotion sucked until I started using this surfer trick

courteney cox beauty

4 things Courteney Cox does daily to bring out her inner beauty

Lululemon’s CEO steps down following company controversy


Thumbnail for Lululemon’s CEO steps down following company controversy
Pin It
Photo: Instagram/@lululemon

Despite still killing it on the activewear front with couture leggings and a sneaker collab with APL, things aren’t so seamless lately behind the scenes at Lululemon.

Lulumeon CEO Laurent Potdevin, whose tenure has been marked by controversy recently, stepped down yesterday. According to Glenn Murphy, executive chairman of Lululemon’s board, Potdevin’s resignation from the role he assumed in January 2014 came because he “fell short” on the company’s standards of conduct, which includes exemplifying “the highest levels of integrity and respect for one another.”

“Culture is at the core of Lululemon, and it is the responsibility of leaders to set the right tone in our organization. Protecting the organization’s culture is one of the Board’s most important duties.” —Glenn Murphy, executive chairman of the Lululemon board

“While this was a difficult and considered decision, the Board thanks Laurent for his work in strengthening the company and positioning it for the future,” Murphy said in the statement. “Culture is at the core of Lululemon, and it is the responsibility of leaders to set the right tone in our organization. Protecting the organization’s culture is one of the Board’s most important duties.”

Right now there aren’t any additional details specifying how exactly Potdevin failed to meet the company’s standards of conduct, but, according to The New York Times, he will still be taking a cash payment of $3.35 million and $1.65 million over the next 18 months, per his separation agreement with the company.

This news follows a recent Lululemon controversy, in which a former employee claimed the company created “the perfect environment for a sexual predator” at the store where she worked in Santa Monica, California. She said this culture led to an alleged rape by her supervisor in 2016. Furthermore, the alleged assailant was a person whom the company was already made aware of for engaging in sexually inappropriate behavior with his female subordinates.

Murphy will take over Potdevin’s duties, The Wall Street Journal reports, in this interim before a new CEO is named.

This chic new brand wants to give your activewear drawer a sleek, monochromatic edit.  Also, here are 10 reasons you shouldn’t overlook the Asos activewear section

Loading More Posts...

You May Also Like

kundalini sex tips

Have mind-blowing sex using techniques from this celeb-adored yoga style

Try a low carb oatmeal recipe using cauliflower

Make your cozy bowl of oatmeal low-carb by swapping in a super-surprising star ingredient

courteney cox beauty

4 things Courteney Cox does daily to bring out her inner beauty

personality tests

I tried 3 different psycho-spiritual personality tests—here’s what I learned

Aretha Franklin's musical healing

So many musical icons have died recently—but Aretha’s the one I can’t stop crying about

Celebrate Madonna's birthday with these 4 tips

Like a wellness maven: 4 ways Madonna keeps her health shiny and new at every age